Magnetation has released a video detailing its Plant 4 project in Coleraine. Scram mining, another example of how the iron mining industry continues to grow and evolve, takes old red ore sites’ tailings basins and extracts the iron left behind. Magnetation’s video gives a sneak peek at what their product is used for, what Plant…
Read more »It took 11 days to make the distance usually covered in about 30 hours, but the first Minnesota taconite iron ore has reached its steel mill destination in Indiana. The ore boats Cason J. Calloway and John G. Munson arrived at the U.S. Steel Gary Works on Tuesday, and just in time. Opertions at the…
Read more »Minnesota exports came on strong late last year, growing at their fastest quarterly rate in more than two years. That’s the information about a late-year surge driving export growth from the Minnesota Trade Office (MTO). Kathleen Motzenbecker, MTO executive director, stated in a news release Minnesota “exports of manufactured, agricultural and mining products grew to…
Read more »The 2008 financial crisis led to one of the largest declines in steel output in decades, falling almost 10% from 2007 to 2009, according to the World Steel Association (WSA). The slow recovery, however, already signals a reversal: in the first three quarters of 2013, global steel production rose to 1.582 million metric tons (mmt),…
Read more »Ford Motor Co.’s aluminum-intensive F-150 likely will lure loyal truck buyers to showrooms when it debuts late this year, but experts warn consumers should prepare for sticker shock — after the purchase. Parts and repair costs could double for the aluminum truck, say experts and body shops that fix aluminum cars on the market. And…
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